Wardwizard Foods & Beverages Ltd

₹ 48.5 -0.31%
02 Dec - close price
About

Vegetable Products Ltd. was established & started working in the year 1953 with manufacturing of vegetable edible oil products under the “PRATAP VANASPATI” brand name. The co. ’s production has been discontinued with effect from FY11. Due to non clearance by the pollution control Board the company could not restart its production. Mr. Ramesh Chandra Daga is the Additional Managing Director & CEO of the co. [1]

Key Points

Revenue
Interest income contributes 100% to the revenue of the Co. [1]

  • Market Cap 767 Cr.
  • Current Price 48.5
  • High / Low 102 / 9.73
  • Stock P/E
  • Book Value 8.36
  • Dividend Yield 0.00 %
  • ROCE -0.05 %
  • ROE -0.20 %
  • Face Value 1.00

Pros

  • Company has reduced debt.
  • Company is almost debt free.

Cons

  • Stock is trading at 5.80 times its book value
  • Company has low interest coverage ratio.
  • Promoter holding has decreased over last quarter: -16.4%
  • Company has a low return on equity of -0.22% over last 3 years.

* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.

Peer comparison

Sector: Edible Oil Industry: Miscellaneous

Loading peers table ...

Quarterly Results

Figures in Rs. Crores

Sep 2019 Dec 2019 Mar 2020 Jun 2020 Sep 2020 Dec 2020 Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 1.29
0.04 0.03 0.35 0.14 0.04 0.03 0.27 0.06 0.09 0.05 0.14 0.17 1.16
Operating Profit -0.04 -0.03 -0.35 -0.14 -0.04 -0.03 -0.27 -0.06 -0.09 -0.05 -0.14 -0.17 0.13
OPM % 10.08%
0.12 0.13 0.13 0.11 0.11 0.11 0.10 0.09 0.08 0.00 0.08 0.03 0.03
Interest 0.00 0.00 0.09 0.00 0.00 0.00 0.09 0.00 0.00 0.00 0.09 0.01 0.00
Depreciation 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.03
Profit before tax 0.08 0.10 -0.31 -0.03 0.07 0.08 -0.26 0.03 -0.01 -0.05 -0.15 -0.15 0.13
Tax % 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Net Profit 0.07 0.10 -0.32 -0.04 0.07 0.07 -0.26 0.03 -0.02 -0.06 -0.16 -0.15 0.13
EPS in Rs 0.01 0.01 -0.03 -0.00 0.01 0.01 -0.02 0.00 -0.00 -0.01 -0.01 -0.01 0.01
Raw PDF

Profit & Loss

Figures in Rs. Crores

Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 TTM
37.14 14.57 0.59 36.72 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 1.29
37.41 15.53 1.40 36.24 0.29 0.30 0.34 0.21 0.32 0.52 0.48 0.36 1.52
Operating Profit -0.27 -0.96 -0.81 0.48 -0.29 -0.30 -0.34 -0.21 -0.32 -0.52 -0.48 -0.36 -0.23
OPM % -0.73% -6.59% -137.29% 1.31% -17.83%
1.04 2.01 1.42 0.21 -0.13 0.36 0.44 0.42 0.45 0.50 0.43 0.26 0.14
Interest 0.08 0.07 0.07 0.07 0.08 0.06 0.07 0.07 0.07 0.09 0.09 0.09 0.10
Depreciation 0.29 0.25 0.26 0.37 0.03 0.02 0.02 0.02 0.02 0.02 0.01 0.01 0.03
Profit before tax 0.40 0.73 0.28 0.25 -0.53 -0.02 0.01 0.12 0.04 -0.13 -0.15 -0.20 -0.22
Tax % 50.00% -1.37% 14.29% 32.00% 20.75% 0.00% 0.00% 0.00% 75.00% 0.00% 0.00% 0.00%
Net Profit 0.20 0.74 0.25 0.18 -0.42 -0.03 0.00 0.12 0.01 -0.13 -0.16 -0.20 -0.24
EPS in Rs 0.06 0.21 0.07 0.02 -0.04 -0.00 0.00 0.01 0.00 -0.01 -0.01 -0.02 -0.02
Dividend Payout % 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Compounded Sales Growth
10 Years: %
5 Years: %
3 Years: %
TTM: %
Compounded Profit Growth
10 Years: %
5 Years: %
3 Years: %
TTM: 11%
Stock Price CAGR
10 Years: %
5 Years: 71%
3 Years: 154%
1 Year: 423%
Return on Equity
10 Years: 0%
5 Years: 0%
3 Years: 0%
Last Year: 0%

Balance Sheet

Figures in Rs. Crores

Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Sep 2022
2.85 2.25 1.90 3.90 3.90 10.92 10.92 10.92 10.92 10.92 10.92 10.92 10.92
Reserves 1.75 2.40 2.60 7.95 60.63 53.36 53.22 53.21 53.10 52.87 52.62 43.32 80.37
1.97 1.01 2.63 2.18 2.25 2.32 2.38 2.45 2.52 2.61 2.70 2.79 1.77
6.42 4.39 2.15 0.70 0.07 0.07 0.05 0.07 0.28 0.33 0.47 0.46 1.05
Total Liabilities 11.44 9.10 8.68 14.73 66.85 66.67 66.57 66.65 66.82 66.73 66.71 57.49 94.11
6.51 6.25 7.23 6.81 58.02 57.84 57.68 57.53 57.39 57.27 57.16 48.05 48.30
CWIP 1.27 1.27 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Investments 0.00 0.00 0.00 6.82 6.82 2.31 1.95 1.90 1.90 1.90 1.90 1.90 1.90
3.66 1.58 1.45 1.10 2.01 6.52 6.94 7.22 7.53 7.56 7.65 7.54 43.91
Total Assets 11.44 9.10 8.68 14.73 66.85 66.67 66.57 66.65 66.82 66.73 66.71 57.49 94.11

Cash Flows

Figures in Rs. Crores

Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022
-0.06 0.70 -1.03 1.12 -1.75 0.42 0.04 0.30 0.24 0.00 0.15 0.02
-0.07 -0.07 -0.05 -6.77 1.80 4.51 0.35 0.05 0.00 0.00 0.00 0.00
-0.01 -0.65 1.27 5.51 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Net Cash Flow -0.14 -0.02 0.19 -0.14 0.05 4.93 0.39 0.35 0.24 0.00 0.15 0.02

Ratios

Figures in Rs. Crores

Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022
Debtor Days 2.85 0.00 49.49 1.59
Inventory Days 25.58 11.65 165.12 0.31
Days Payable 47.35 53.81 0.00 0.00
Cash Conversion Cycle -18.92 -42.16 214.61 1.90
Working Capital Days -17.30 -54.36 -371.19 0.00
ROCE % 7.38% 13.08% 5.47% 2.93% -0.79% 0.10% 0.12% 0.29% 0.17% -0.06% -0.09% -0.05%

Shareholding Pattern

Numbers in percentages

Dec 2019 Mar 2020 Jun 2020 Sep 2020 Dec 2020 Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022
24.78 24.78 24.78 24.78 24.78 24.78 24.78 24.78 24.78 24.78 60.35 43.99
75.22 75.22 75.22 75.22 75.22 75.22 75.22 75.22 75.22 75.22 39.65 56.01

Documents